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Shares of Baxter International Inc. (BAX) shed 1.90% to $51.65 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. The stock's fall snapped a three-day winning streak. Baxter International Inc. closed $38.05 below its 52-week high ($89.70), which the company reached on February 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 1.52% to $484.71, Medtronic PLC (MDT) fell 1.12% to $79.29, and Stryker Corp. (SYK) fell 1.28% to $207.16. Trading volume (3.3 M) remained 375,244 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 16:39 ET (21:39 GMT)
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